Current affairs

On the advice of the Governor of the Bank of England, Montagu Norman, Winston Churchill returns British currency to the Gold Standard. This caused deflation across the empire as the value of the pound returned to the pre-war gold price, leading to unemployment, the miners' strike and the general strike in 1926.

Art and science

John Logie Baird transmits the first television images of a ventriloquist's dummy. The BBC used Logie Baird's invention from 1927 until 1935 when they adopted EMI-Marconi's superior electronic scanning system.Virginia Woolf publishes her innovative 'stream of consciousness' novel, Mrs Dalloway, which chronicles a day in the life of the protagonist through her interior monologue.

International

Sir Joseph Austen Chamberlain, Secretary of State for Foreign Affairs represents Britain at the Locarno Treaties. Lorcano secured the post-war territorial settlement and established pledges of non-aggression between various European Nations. The 'spirit of Locarno' helped secure Germany's admission into the League of Nations in 1926. Chamberlain was awarded the Nobel Peace Prize for his part in the peace agreement.

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